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Turnover volume retail trade on the increase

According to preliminary figures by Statistics Netherlands, the turnover volume in retail trade increased by 3.2 percent in July 2002 compared to the same month of the previous year.More shopping days ...

Mr. G.H. Hoefsloot to join Management Board Heijmans

Heijmans N.V. announces that effective 1 November 2002, Mr G.H. Hoefsloot shall be appointed to the Management Board.Effective 7 May 2003, (the next General Meeting of Shareholders) Mr Hoefsloot shall ...

United Dominion Realty Trust in joint venture with AEGON

United Dominion Realty Trust announced yesterday that it has signed a joint venture agreement with AEGON USA Realty Advisors, Inc. (AEGON) for the development of apartment homes on a national basis.Th ...

Towa Real Estate to get 200 bln yen ($1.68 billion) in aid

Towa Real Estate Development Co 8834.T is likely to receive 200 billion yen ($1.68 billion) in aid from its banks, including UJF Bank, a member of UFJ Holdings Inc, and Sumitomo Mitsui Banking Corp, t ...

Liberty International increases stake in Great Portland Estates

Liberty International has built an 11.75% stake in Great Portland Estates (GPE) sparking fresh speculation that it is preparing a takeover bid. The shopping centre giant disclosed this morning that it ...

Real estate market reforms in Poland

The Office of Housing and Municipal Development (URMiM) intends to take action against Public Housing Associations (TBS) that fail to abide by their statutory mandate, namely the state-subsidized cons ...

Crédit Lyonnais Asset Management reorganizes its real estate division

Crédit Lyonnais Asset Management (Clam) has regrouped its two daughter compamies, Slegeri and SLG, into one business unit, Crédit Lyonnais Asset Management Immobilier, a 100% daughter company of ...

Pirelli six months results

Extraordinary income EUR 24 mln from the real estate reallocationThe unprecendent crisis in the world telecommunications market, with a two-thirds fall in world demand for TLC cables and systems, prov ...

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